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TUI, Billionaire Mordashov to Invest $60 Million in Travel Unit (Bloomberg)
Tue, 02 Mar 2010 16:25:22 GMT
March 2 (Bloomberg) -- TUI AG, the German owner of Europe?s largest travel company, and billionaire Alexei Mordashov said they?ll invest $60 million in their Russian venture over the next three years to gain market share.
Daimler to invest in Chinese electric cars (AP via Yahoo! Finance)
Tue, 02 Mar 2010 11:23:33 GMT
German car maker Daimler AG says it expects to "easily" invest euro100 million in its electric car joint venture with Chinese automaker BYD Co.
Hebei Steel in Talks to Invest $6 Billion in Brazil, Sina Says (Bloomberg)
Tue, 02 Mar 2010 03:24:08 GMT
March 2 (Bloomberg) -- Hebei Iron & Steel Group is in talks to invest $6 billion in an iron ore project in Brazil, Sina.com reported, citing an executive it didn?t identify.
Daimler to invest in Chinese electric cars (Richmond Times-Dispatch)
Tue, 02 Mar 2010 11:46:44 GMT
GENEVA?German car maker Daimler AG says it expects to ?easily? invest $135 million in its electric car joint venture with Chinese automaker BYD Co. Chief executive Dieter Zetsche says the yet to be named brand will target growing demand in China for electric vehicles. Zetsche told reporters at the Geneva Motor Show today that development of the new car will start soon and that there are no plans ...
IAA aims at goading VCs to invest money (CIOL)
Tue, 02 Mar 2010 11:20:11 GMT
Intel Capital, one of 25 venture capitalists (VCs) in the new alliance, said that Invest in America Alliance will invest $3.5 billion in startups over the next 2 years ? including $200 million from a new Intel Capital Invest in America Technology Fund.
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